If you have been looking for a comprehensive StopTheFakes ICO Review, you have come to the right place!
In this article, I will explain everything you need to know on their ICO. I will also analyze whether or not this would be a good investment opportunity for you and me. If you have any questions/thoughts/comments, feel free to let me know below and I will be more than happy to answer you personally.
StopTheFakes ICO Review
Name: StopTheFakes (STF)
Type: Cryptocurrency Token.
Short Review: StopTheFakes has a unique idea on how to stop the counterfeits. This project is certainly trying to make the world a better place and I want to support that. STF also has a strong team and I believe they are going to deliver great results. I am going to invest in the StopTheFakes ICO myself also because they provide bonuses for early investors.
Is StopTheFakes Worth Investing? – My Video Review
What Is StopTheFakes?
StopTheFakes is a decentralized service to securing your intellectual property. It will find counterfeits and infringement and stop them effectively. At the moment, numerous industries are suffering from counterfeits and entrepreneurs/producers are losing billions of dollars.
Let me just name a few industries that would benefit from StopTheFakes that fights against counterfeits:
Have you ever confronted fake or counterfeit products?
Counterfeits may seem innocent because they are usually cheaper than original products but they set a significant challenge for these industries. Entrepreneurs and companies are using millions of dollars for marketing their own brand. Then if somebody steals their brand, the company loses tons of money.
Some companies may even stop their operations because of the counterfeit. Therefore, StopTheFakes comes to solve a real need. Other great and extremely interesting ICOs that I have recently been following are LanceChain, Friendz and Bankera.
How Does StopTheFakes Work?
StopTheFakes works as an application that works with a mobile device and also with PC.
The application will works in the following way (I simplified the process so you will understand it more easily by reading my article):
- A company requests for investigation through StopTheFakes application.
- App users take pictures and send details for counterfeits.
- The company pays rewards for users who helped them.
- The company can take action against the counterfeits.
You can already try on their website right away how the StopTheFakes application works.
Users of the StopTheFakes application will earn a pre-determined amount of STF tokens for submitting tasks. After reviewing more than 400 make money online opportunities, I have realized that millions of people worldwide are willing to accomplish this kind of tasks to earn little money.
StopTheFakes ICO and Token Usage
StopTheFakes finished their pre-ICO successfully in January/February of 2018 and the ICO will be held in March. You can see the details in the picture below:
Early investors will still have a chance for 5-15% token bonuses. They may not sound like huge but let’s consider twice. Let’s say that you invest $2,000 in this ICO. 10% bonus would immediately make you $200 “free money”.
Many people don’t earn $200 even in a day or some people don’t earn it in a week and now they can get such bonuses just by investing early.
STF is a utility token. As I explained above, tokens will be used as a payment form in the platform.
One interesting to notice is that the hard cap of the StopTheFakes ICO is only $8,5 million. It means that there’s a great potential for growth when the token hits the exchanges.
=> You Can Participate StopTheFakes ICO Here! (And Claim Your Bonus Up to 15%!)
StopTheFakes has an ambitious and a great roadmap on their website. Every single month new developments and steps to forward will come. It seems much better than many other cryptocurrency projects that have been pretty stagnant because of a “lazy” team.
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Here are the coming steps of the project:
At the moment (March 2018), there are 21 members in the team (12 members + 9 advisors). Most of the team members are from Russia and Czech Republic but they have also advisors from Spain and the United States.
In my opinion, they have enough breadth for delivering the product and results that they are promising.
StopTheFakes Reviews: 4,4 Stars Out of 5 on Average
It’s always good to take a look at what other people are saying about specific cryptocurrency projects before you put lots of money in. That will save you lots of money. And not only save but it’ll also help you to earn more money when you know the trends.
Many people would have saved last year thousands of dollars just by checking out my review of BitConnect where I warned people from falling into that scam.
Now let me show some numbers of the StopTheFakes reviews that I have found:
- ICOBench: 4,4 stars out of 5 based on 49 reviews.
- ICOTokennews: 4,4 stars out of 5 based on 28 votes.
- ICOHolder: 4,24 stars out of 5 on average.
The numbers look quite great, huh?
That’s a positive thing of course. I rather want to see this kind of numbers than 2-3 stars out of 5. There are also way too many scams in the ICO world but gladly StopTheFakes is not one of them.
On the other hand, when you are reading the reviews, you always need to take them with a little bit of a grain of salt. Many people who give those reviews have often invested in the specific cryptocurrency themselves. Of course, they give positive reviews because they want that the price will go up.
The other thing that you need to keep in mind that some reviews may be sponsored or the creators earn money from their affiliate links. For example, ICOBench earns money from anyone who visits their sites and participates any ICO through their link. So, they certainly have a financial incentive to promote all ICOs.
That being said, StopTheFakes reviews are better than other ones on average and people really believe in this project.
Conclusion – Is StopTheFakes a Good Investment?
I am going to participate in the StopTheFakes ICO. I hope that I would have found this project earlier so I could have invested during their pre-ICO stage. However, even though I missed that change I can still participate in their real ICO and get bonuses up to 15%.
The hard cap is so small compared to a moderately high demand that I believe that the price will significantly rise when STF hits the exchanges. A great thing is also that the team doesn’t raise more funds than they really need. In my opinion, it’s a positive sign from the team.
Like as always, I want to remind that investing in StopTheFakes and any other cryptocurrency involves risks. You may make lots of money within a short period of time but that’s not guaranteed. I have seen many people who have also lost money with cryptocurrencies.
That’s why I always recommend you to be careful and not investing money that you would need in your everyday life. If you prefer more secure and guaranteed ways to make money online, I advise having a look at my #1 recommendation.
What do you think about StopTheFakes?
Will it be a game-changer?
Are you going to invest in their ICO?
Let’s discuss in the comments below! 🙂
(Disclaimer: The above references an opinion and is for information purposes only. It is not intended to be investment advice.)